"In case you are not there to hold him make sure you leave a safety net for him"
Amar Jeevan is an exclusive pure protection plan with Regular, Limited Payment & Single Payment Payment options
It is the best plan for Life Protection with lowest premium.
In this plan, the life assured gets the life cover till the age of 80 years
The discount in premium is available for non-smokers
Guaranteed increase of 10% in Sum Assured every year.
Death Benefit is also available in installments
Single Premium payment option under this is also available
LIC also gives the discount in premium for higher sum assured
There is an additional benefit of Accidental Cover up to Rs 1 crore is also available under this plan.
The policy holder will get the tax benefit u/s 80C
Age=30 years, Policy Term=40years Sum assured=50Lacs Premium=Rs11,630(including GST) Life Cover=50Lacs Maturity Benefit=Nil
40 YEARS
(Including GST)
| Age | Year |
|---|---|
30 |
1 |
31 |
2 |
32 |
3 |
33 |
4 |
34 |
5 |
35 |
6 |
36 |
7 |
37 |
8 |
38 |
9 |
39 |
10 |
40 |
11 |
41 |
12 |
- |
- |
- |
- |
- |
- |
70 |
40 |
50 LACS
50 LACS
NILL
| Eligibility Criteria | Minimum | Maximum |
|---|---|---|
| Age | Single Premium: 90 Days (Completed) Limited Premium Option-I: 90 Days (Completed) Limited Premium Option-II: 45 Years (Near Birthday) | Single Premium: 44 Years (Near Birthday) Limited Premium Option-I: 60 Years (Near Birthday) Limited Premium Option-II: 65 Years (Near Birthday) |
| Policy Term | 18 years | |
| Premium Payment Term | Single & 5 Years | |
| Sum Assured | Rs.1 Lac | No Limit |
| Age at Maturity | 18 Years (Completed) | Single Premium: 62 Years (Near Birthday) Limited Premium Option-I: 75 Years Limited Premium Option-II: 80 Years |
| Rider | LlC's ACCIDENT BENEFIT RIDER | LlC's ACCIDENT BENEFIT RIDER |